(Left-Right): NCBA Group Director Finance David Abwoga, Group Managing Director and CEO John Gachora, and Group Director Regional Business Strategy Louisa Wandabwa and Raphael have a light moment during the release of the Group’s results in Nairobi, Kenya.
NCBA Group has posted a 7% rise in net profit to Ksh23.4 billion (about UGX 660 billion) for the year ended 2025, boosted by stronger asset growth, improved margins, and a sharp
A major shift is underway in East Africa’s insurance sector after a US-based global financial services firm announced it will sell its entire 24.1% stake in ICEA Lion Insurance Holdings, a regional
Standard Bank’s Sim Tshabalala, Absa Group’s Kenny Fihla, MTN Group CEO Ralph Mupita, SanlamAllianz’s Heinie Werth, Nedbank Group’s Jason Quinn, and Old Mutual’s Jurie Strydom represent more than individual corporate leaders. Collectively, they sit at the helm of institutions controlling hundreds of billions of dollars in assets, deposits, premiums, and market capitalisation across Africa. Their strategic decisions influence capital flows, credit creation, insurance penetration, and digital finance ecosystems across multiple markets. As they pivot attention toward East Africa, they are not merely expanding footprints; they are reshaping regional banking, telecom, insurance, and investment architecture for the next phase of continental growth.
South African capital, long dominant in Southern Africa and deeply embedded across the continent, is now moving decisively north-east. Kenya, Uganda, Tanzania, and Rwanda are no longer peripheral growth outposts. They are
Chairman and Director Conflict Resolution Tim Fletcher, CEO and Managing Partner Brent Williams, and Kenya Managing Partner Sammy Ndolo anchor Cliffe Dekker Hofmeyr’s rise in in both South Africa and East Africa, combining strategic leadership, execution discipline, and local insight as the firm quietly steers the region’s most complex, multibillion-dollar cross-border transactions.
When two of East Africa’s largest corporate transactions, together valued at nearly $3 billion, required legal advisers, the mandates converged on a single firm. That firm is Cliffe Dekker Hofmeyr (CDH), a
South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group. The move is set to hand the Johannesburg-listed lender effective control
A photo collage of former Kenyan president Uhuru Kenyatta, NCBA Group chairman James P. M. Ndegwa, NCBA Group managing director John Gachora, and former Kenyan minister, the late Simeon Nyachae, whose family maintains a substantial holding in NCBA Group. If Standard Bank, which trades as Stanbic in Uganda and Kenya, takes over NCBA Group, the key figures above, whose families are represented by different individuals as shareholders, will be some of the biggest beneficiaries from either a windfall in the form of a payout or a shareholder value addition derived from an enlarged regional banking powerhouse.
If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree. When news
A photo collage of Dr. Joshua Oigara, the Regional Chief Executive for East Africa at Standard Bank Group and also serving co-currently as CEO of Stanbic Bank Kenya, John Gachora is the Group Managing Director and CEO of NCBA Group, Standard Bank Group CEO, Sim Tshabalala.
Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is in advanced
Over the past four years, since the merger of two Financial Institutions in 2019, NCBA Bank Uganda has firmly established itself as one of the fastest-growing and most profitable financial institutions in
For those who do not know you, tell us about yourself and your career background. How do you describe yourself? I consider myself a Global East African⏤ born in Uganda, raised in
NCBA Tanzania, the banking subsidiary of NCBA Group, has released its third-quarter financial report for 2023, showing remarkable growth in a series of bank fundamentals. In results released this week, the bank